Comforia Residential REIT Inc. announced long-term loan with the term of 2 year at a variable interest rate. Lender is Mizuho Bank Ltd., Sumitomo Mitsui Trust Bank, Limited., MUFG Bank Ltd. Loan amount is JPY 2,400 million. Interest rate is Basic interest rate (JBA 1-month yen TIBOR) +0.1425%.

Scheduled drawdown date is March 29, 2024. Borrowing method is Borrowing based on a loan agreement effective March 27, 2024, with the lender stated above. Interest payment dates: Interest payments will be first made on April 30, 2024, the last day of each month thereafter, and the principal repayment date (or the business day immediately preceding the concerned date if any concerned date is not a business day).

Principal repayment method: Lump-sum repayment on principal repayment date. Principal repayment date is March 29, 2026 (If this date is not a business day, it shall be the following business day. If such day falls in the following month, it shall be the immediately preceding business day.) Security and guarantee: Unsecured and unguaranteed.

Description of Repayment of Loan: Current portion of long-term loans (Term: 2 year, variable interest rate). Lender is MUFG Bank Ltd., Mizuho Bank Ltd., Sumitomo Mitsui Trust Bank, Limited., Sumitomo Mitsui Banking Corporation. Loan amount is JPY 2,800 million.

Interest rate is Basic interest rate (JBA 1-month yen TIBOR) +0.15%. Drawdown date is March 31, 2022. Principal repayment date is March 31, 2024.